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WJ COMMUNICATIONS INC 4

Accession 0001179110-07-014101

CIK 0000105006operating

Filed

Jul 1, 8:00 PM ET

Accepted

Jul 2, 12:47 PM ET

Size

6.2 KB

Accession

0001179110-07-014101

Insider Transaction Report

Form 4
Period: 2007-06-29
DIAMOND BRUCE
DirectorPresident and CEO
Transactions
  • Tax Payment

    Common Stock

    2007-06-29$1.73/sh7,808$13,469852,731 total
Footnotes (2)
  • [F1]This amount represents the number of shares withheld by the Company to cover tax-withholding obligations of the reporting person arising pursuant to a vesting of a portion of the award. The restricted stock vests ratably on a monthly basis over a thirty-six month period.
  • [F2]This amount represents the following items for the reporting person;(a) 23,624 shares acquired pursuant to the terms of the Company's Employee Stock Purchase plan; (b) An award of 500,000 shares of restricted stock that vest solely based on meeting performance criteria offset by 89,375 shares withheld by the Company to cover tax withholding obligations of vested shares; (c) An award of 500,000 shares of restricted stock offset by 127,194 shares withheld by the Company to cover tax withholding obligations of vested shares. This restricted award vests ratably over a thirty-six month period following the date of grant of July 29,2005 ; (d) 27,380 shares of common stock issued without payment for vested restricted stock units offset by 11,704 shares to cover tax withholding obligations for the vested units; (e) 30,000 shares purchased in various open market transactions.

Issuer

WJ COMMUNICATIONS INC

CIK 0000105006

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000105006

Filing Metadata

Form type
4
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 12:47 PM ET
Size
6.2 KB